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Govt to launch 1st tranche of mineral block licence bid

The New Indian Express

|

February 28, 2025

THE government will launch the first tranche auction of exploration licence for blocks in March 2025, said Minister of Coal and Mines G Kishan Reddy on Thursday.

This development comes after an amendment to the MMDR Act in 2023, which enabled the grant of exploration licences for critical and deep-seated minerals through auction.

Speaking at a press conference in New Delhi, Reddy said Assam, Jammu & Kashmir, and Kerala will soon join the mineral auction regime, expanding the mineral auction map of India to 17 states.

FLERE HISTORIER FRA The New Indian Express

The New Indian Express

The New Indian Express

IndiGo to invest $820 mn in financial services business to acquire aircraft

NDIAS largest airline —-IndiGo — will invest $820 million (₹7,294 cr) in its wholly-owned subsidiary — InterGlobe Aviation Financial Services IFSC Private Limited (IndiGo IFSC) — to acquire aviation assets and enable ownership of aircraft.

time to read

1 min

November 22, 2025

The New Indian Express

Kotak Bank announces 5:1 stock split

THE country’s fourth-largest private sector lender Kotak Mahindra Bank on Friday announced a 5:1 stock split after 15 years.

time to read

1 min

November 22, 2025

The New Indian Express

The New Indian Express

The Book Show Effect

FROM a balcony in Assagao, the morning air carries the mingled scents of wet leaves and coastal sunblock.

time to read

4 mins

November 22, 2025

The New Indian Express

LEX HAS ALWAYS BEEN A FLEX

IT is fashionable to say in India that we did long ago what the West is doing now—though not always with sufficient evidence.

time to read

3 mins

November 22, 2025

The New Indian Express

The New Indian Express

DELECTABLE YET MIDDLING DARK COMEDY

MORALITY. In today's time and age, is there a place for absolutism? Probably why, in a world filled with morally grey people, the ones who manage to err on the side of caution are seen as good people.

time to read

3 mins

November 22, 2025

The New Indian Express

The New Indian Express

ED crackdown on coal mafia, raids 40 locations in J’khand and Bengal

THE Enforcement Directorate (ED) on Friday conducted raids at more than 40 locations across Jharkhand and West Bengal as part of a major push against the coal mafia.

time to read

1 mins

November 22, 2025

The New Indian Express Chennai

Re hits all-time low of 89.61 against USD

THE rupee, the worst among its Asian peers and has hit many lifetime lows this year, tumbled to a new all-time low on Friday, breaching the psychologically sensitive 89-mark for the first time.

time to read

1 mins

November 22, 2025

The New Indian Express

The New Indian Express

Moscow tells Kyiv: Negotiate now or lose more

Russia’s warning comes a day after Trump unveiled a 28-point peace plan that calls on Ukraine to cede territory

time to read

2 mins

November 22, 2025

The New Indian Express

Are tigers trying to reclaim their territory in Karnataka?

THERE has been a sudden spurt in tiger attacks on humans in Bandipur National Park and BRT Wildlife Sanctuaries in Chamrajanagar and Mysore districts of Karnataka.

time to read

3 mins

November 22, 2025

The New Indian Express

The New Indian Express

Oil refiners’ operating profit set to rise by 50% to $18-20/barrel

OIL marketing companies’ (OMCs) operating profit is likely to surge more than 50% to $18-20 a barrel this fiscal from $12 last fiscal on the back of stronger marketing margins due to stable retail prices and favourable crude oil dynamics.

time to read

1 min

November 22, 2025

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